Tax Reform: What it means for Main Street, Wall Street, and K Street

Webinar Details

A webinar presentation on the political and economic dynamics of tax reform and infrastructure and how prospective changes could impact municipal bond markets
A recording of the September 21st webinar can be viewed by clicking the button below:

As tax reform discussions persist in Washington with little to no detail, Congress and the Trump Administration push for one major victory by the end of the calendar year in the form of a tax cut or comprehensive tax reform. On Thursday, September 21st, the MBFA held a webinar featuring experts who will discuss the prospects for tax reform, the potential changes to the municipal bond market, and how these changes could impact K Street, Wall Street and Main Street.

Featured Speakers & Topics:


Robert Kyle, Hogan Lovells

  • Will discuss four important signs to look for in the political outlook for tax reform and infrastructure spending



George Friedlander, Court Street Group

  • Will walk us through his latest research (attached) focusing on the economic impact of tax reform and the potential impact on municipal demand



Alan Polsky, Dougherty & Co., LLC

  • Will deliver the “Main St.” perspective on the impact that municipal bond financed projects have on state and local governments and the potential effects that tax reform will have on retail investors


Matt Posner, Neighborly

  • Will moderate our panel and engage panelists and participants through a Q&A



We hope you enjoy the recording of this very important webinar.

For any questions concerning this event, please contact Justin Underwood at

Muni Bonds 201

View this event’s recap here.

An Educational, Breakfast Seminar on Tax-Exempt Municipal Bonds

Bonds are the Original Public Private Partnership (P3): A Deeper Dive into Federal Policy Issues

  • The day-to-day impact of the municipal tax-exemption
  • The economic efficiency of municipal bond financing
  • The role of qualified private activity bonds (PABs) in infrastructure, housing, health and education

Date & Time:

Wednesday, June 7, 2017
8:45 am – Guest arrival and Breakfast
9:00 am – Program Begins
10:00 am – Program Ends


Capitol Visitor Center
Congressional Meeting Room North

To RSVP or learn more, contact Rebecca Cooke-Rodriguez at We encourage you to send someone from your office if you cannot personally attend.


  • Stephen Benjamin, Mayor – Columbia, SC and Chair, MBFA Coalition
  • Jane Campbell, Director, Washington Office – National Development Council and Former Mayor of Cleveland, Ohio
  • Annie Russo, Vice President of Government and Political Affairs – Airports Council International – North America
  • Stephen Winterstein, Chief Municipal Strategist – Wilmington Trust

Breakfast will be served (first-come, first-served)

This event is compliant with Congressional Ethics Rules

MBFA Hosts Muni Bonds 101 Seminar

MBFA Hosts 2016 Muni Bonds 101 Seminar

Taking the Lead to Defend Municipal Bonds
Record Crowds Attend House and Senate Muni Bond 101 Seminars

On Thursday, June 2, 2016, the MBFA Coalition held a “Municipal Bonds 101” seminar on Capitol Hill for congressional staff and interested parties focusing on the importance of preserving the present-law treatment of tax-exempt municipal bonds.

The House and Senate seminars featured a distinguished panel of municipal finance professionals from varying backgrounds who explained the benefits of the traditional municipal bond market to approximately 90 staff from key congressional personal and committee offices.  The panel was moderated by former mayor of Cleveland, OH, Jane Campbell, Director – Washington office of the National Development Council.

Panelists included
  • Steve Benjamin, Mayor – Columbia, SC
  • Scott Giles, President & CEO – Vermont Student Assistance Corporation (VSAC)
  • Bill Carnahan, Executive Director – Southern California Public Power Authority (SCPPA)
  • Tom Gleason, Executive Director – MassHousing and President, National Council of State Housing Agencies (NCSHA)

The education seminars featured an interactive discussion and fostered a great learning environment for key hill staffers. In its fourth consecutive year, the “Muni Bonds 101” seminar has proven to be a key component in an ongoing effort by the MBFA Coalition to educate policy makers and staff on the benefits of the municipal market and the negative implications of scaling back or eliminating the tax exemption on municipal debt.

“Tax-exempt bonds are issued by more than 50,000 state and local governments and authorities and have stimulated investment in infrastructure and other projects benefiting economic growth in local communities for 100 years,” said Steve Benjamin, Mayor of Columbia, SC and Chair of MBFA’s executive committee. This seminar is an opportunity for us to educate Congress on the many uses and vast benefits of municipal bonds for local communities, taxpayers, and investors.”

Additional Information
Handouts from the seminar are available below:
  • Click here for the MBFA letter to Ways & Means Committee Chairman Kevin Brady (R-TX) on maintaining the current law status of the municipal tax exemption.
  • Click here for an MBFA two-pager on how Bonds Build America.
  • Click here for an MBFA one-pager on how municipal bonds promote fiscal responsibility.
  • Click here for a “Glossary of Terms” commonly used when discussing the municipal bond market and tax-exempt bonds.